BATR Déjà vu

Sunday, March 26, 2017

For every person, answering the question how to correct the course for America, there is a personal viewpoint that often varies upon circumstance. However, the underlying premise is that something is wrong that needs fixing. The couch potatoes drift through life voluntarily removing their involvement from the political process as much as possible. All one needs to upset this tranquility is to strike up a conversation with a stranger and dare bring up any political or social issue and ask for their opinion. Most seldom reflect upon specifics and even fewer are able to lay out a sound and cogent thought for righting the ship of state. Moreover, to the horror of any intelligent citizen, a very significant segment of the public is content with the status quo and sees no reason to change anything.Read the entire article on the "Global Gulag" archive pageSubscription sign-up for the BATR RealPolitik NewsletterDiscuss or comment about this essay on the BATR Forum

Sunday, March 19, 2017

The latest example of political hyperbole is that the U.S. Treasury is ready to default on its debt. An actual examination of the underlying facts is that the relative purchasing value of the currency has long ago swindled debt holder in U.S. Bonds of their promised returns. A default defined under this definition is part of the equation. Repudiation of the entire debt obligation is the real fear. Contrary to all the public scare tactics that the financial world will stop turning, the Federal Treasury has ample revenue to pay the interests on bonds and notes that come due. The essential issue is whether the new bond lenders are willing to roll over the debt that is coming due and keep the shell game going.Read the entire article on the "Strappado Wrack" archive pageSubscription sign-up for the BATR RealPolitik NewsletterDiscuss or comment about this essay on the BATR Forum

Sunday, March 12, 2017

A storm is on the horizon. Just because it’s another hurricane season, the tempest ready to engulf will not be tracked by eyes in the skies. A forecast for this whirlwind won’t be made on the weather channel or by a meteorologist. The climate that triggers this downpour is financial. The causes for this calamity have been brewing for decades. The major fronts that push the airstreams toward disaster are well known. Balance of trade deficits, federal debt financed by foreigners, soaring government liabilities, loss of viable wages for domestic employment and offshore exodus of any job that improves the bottom line of transnational corporations. But have you heard of the other gusts that will blow your house down? Read the entire article on the "View of the Mount" archive pageSubscription sign-up for the BATR RealPolitik NewsletterDiscuss or comment about this essay on the BATR Forum